NGL Energy Partners LP (NYSE:NGL) Stock Dropped -16.57% Year-To-Date, What Analysts Expect Next?

In last trading session, NGL Energy Partners LP (NYSE:NGL) saw 0.53 million shares changing hands with its beta currently measuring 0.36. Company’s recent per share price level of $4.33 trading at $0.04 or 0.93% at ring of the bell on the day assigns it a market valuation of $571.61M. That closing price of NGL’s stock is at a discount of -32.33% from its 52-week high price of $5.73 and is indicating a premium of 39.03% from its 52-week low price of $2.64. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.54 million shares which gives us an average trading volume of 464.44K if we extend that period to 3-months.

For NGL Energy Partners LP (NGL), analysts’ consensus is at an average recommendation of Sell while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

NGL Energy Partners LP (NYSE:NGL) trade information

Upright in the green during last session for gaining 0.93%, in the last five days NGL remained trading in the red while hitting it’s week-highest on Monday, 06/23/25 when the stock touched $4.33 price level, adding 10.17% to its value on the day. NGL Energy Partners LP’s shares saw a change of -16.57% in year-to-date performance and have moved -7.28% in past 5-day. NGL Energy Partners LP (NYSE:NGL) showed a performance of 25.51% in past 30-days. Number of shares sold short was 2.66 million shares which calculate 6.75 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -116.5% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would jump 53.81% in reaching the projected high whereas dropping to the targeted low would mean a gain of 53.81% for stock’s current value.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 33.51% during past 5 years.

NGL Energy Partners LP (NYSE:NGL)’s Major holders

Insiders are in possession of 12.55% of company’s total shares while institution are holding 47.15 percent of that, with stock having share float percentage of 53.92%. Investors also watch the number of corporate investors in a company very closely, which is 47.15% institutions for NGL Energy Partners LP that are currently holding shares of the company. INVESCO LTD. is the top institutional holder at NGL for having 19.56 million shares of worth $98.98 million. And as of 2024-06-30, it was holding 14.7625 of the company’s outstanding shares.

The second largest institutional holder is MORGAN STANLEY, which was holding about 11.58 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.7419 of outstanding shares, having a total worth of $58.62 million.

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